With a projection to reach a valuation of USD 350 billion by 2030, the textile and clothing sector in India is anticipating a CAGR of 10%. The country ranks as the third largest exporter of textiles and apparel, with exports expected to reach USD 100 billion. Today, this industry contributes 2.3% of the national GDP, marking a positive growth trajectory. Amidst these trends, Game Changers Texfab IPO is making a debut into the equity space.
The company that aids in the sourcing of fabrics is aiming for a ₹54.84 Crore issue size. As the tentative launch of the IPO nears on 28 October 2025, Stockgro has brought to you the ultimate Game Changers Texfab IPO analysis.
Game Changers Texfab IPO Details
Here is a comprehensive Game Changers Texfab IPO review that summarises the primary details of it, including the Game Changers Texfab IPO price, size, dates, structure and more.
| IPO Start Date | 28 October 2025 |
| End Date | 30 October 2025 |
| Face Value | ₹10 |
| Price Band | ₹96 to ₹102 per share |
| Issue size | ₹54.84 Cr |
| Lot size | 1,200 Shares |
| Sale Type | Fresh Capital |
| Offer for Sale | NA |
| Fresh Issue | ₹54.84 Cr |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size (₹ Cr) | ₹54.84 Cr |
| Reserved for Market Maker | ₹2.75 Cr |
| Net Offered to Public | ₹52.08 Cr |
| Minimum Investment | ₹2,44,800 |
| Employee Discount | NA |
Game Changers Texfab IPO Timeline
A crucial component of the Game Changers Texfab IPO details is the issue timeline, including the issue opening, closing and others.
| IPO Open Date | 28 October 2025 |
| IPO End Date | 30 October 2025 |
| Allotment (tentative) | 31 October 2025 |
| Initiation of Refunds | 3 November 2025 |
| Credit of Shares | 3 November 2025 |
| Listing Date (Tentative) | 4 November 2025 |
| UPI Mandate Confirmation Cut-Off Time | 30 October 2025 (5 PM) |
Game Changers Texfab Grey Market Premium (GMP)
Below is the Game Changers Texfab IPO GMP today. However, GMP is subject to change. Therefore, stay tuned for the latest take.
| Date | GMP (₹) | Estimated Listing Price |
| 23 October 2025 | 0 | ₹102 |
Game Changers Texfab IPO Reservation
After understanding the Game Changers Texfab IPO lot size, date, price and others, let us now explore the shares offered to various investor categories.
| Category | %Shares Offered |
| Market Maker | Undisclosed |
| QIB | Maximum 50.00% of the net issue |
| NII | Minimum 15% of the net issue |
| Retail Shares Offered | Minimum 35% of the net issue |
Game Changers Texfab IPO Key Performance Indicators
The financial metrics can aid in analysing the Game Changers Texfab SME IPO GMP today. Optimal fundamental analysis is essential for investment decision-making.
| Particulars | 31 March 2024 | 31 March 2023 | 31 March 2022 |
| ROE | 62.73% | 13.08% | 4.28% |
| ROCE | 44.39% | 11.01% | 7.90% |
| Debt to Equity Ratio | 0.62 | 1.38 | 1.40 |
| RoNW | 62.73% | 13.08% | 4.28% |
| PAT Margin | 4.36% | 0.52% | 0.41% |
| EBITDA Margin | 6.87% | 1.25% | 2.23% |
| Basic and Diluted EPS | ₹1,367.08 | ₹169.02 | ₹47.15 |
Game Changers Texfab IPO Financials
The Game Changers Texfab share price might be influenced by the financial performance of the company. Therefore, both fundamental and technical analysis contribute significantly to the issue performance.
| Particulars | 31 March 2024 | 31 March 2023 | 31 March 2022 |
| Revenue | 9,784.38 | 10,049.71 | 3,507.88 |
| Total Asset | 4,136.56 | 2,181.53 | 1,220.04 |
| Profit | 426.72 | 52.76 | 14.52 |
(Amount in ₹ Lakhs)
Game Changers Texfab IPO Lot Size
The next key Game Changers Texfab IPO details, India, is its lot size.
| Application | Lot Size | Shares | Amount(in ₹) |
| Individual investors (Retail) (Min) | 2 | 2,400 | 2,44,800 |
| Individual investors (Retail) (Max) | 2 | 2,400 | 2,44,800 |
| S-HNI (Min) | 3 | 3,600 | 3,67,200 |
| S-HNI (Max) | 8 | 9.600 | 9,79,200 |
| B-HNI (Min) | 9 | 10,800 | 11,01,600 |
Game Changers Texfab IPO Promoter Holding
The promoter holding patterns form the next key Game Changers Texfab IPO details that must be discussed.
| Promoter Holding Pre-Issue | 98.67% |
| Promoter Holding Post Issue | Undisclosed |
The promoters of Game Changers Texfab IPO are:
- Mr. Sanjeev Goel
- Mr. Ankur Aggarwal
- Force Multiplier Ecommerce Private Limited
Game Changers Texfab IPO Prospectus
To know more about the Game Changers Texfab IPO, explore its offer documents.
| DRHP (Doc) | |
| RHP (Doc) | |
| Anchor Investors (Doc) |
About Game Changers Texfab
Incorporated as the Game Changers Texfab Private Limited on 6 April 2015, the company specialises in the sourcing of fabrics. The business focuses on choosing suppliers, negotiating rates, sourcing premium textiles according to customer demands, and guaranteeing fabric sustainability and quality for textile production. Moreover, the company also utilises deemed manufacturing units, along with fabric sourcing, to meet B2B, B2C, digital and other segment demands.
With over 10 sourcing offices and two comprehensive retail stores, the company also has an online presence with more than 10,000 designs. Fall in Love and TradeUNO are two brand names operating under this company. The company offers over 300 fabric categories, including cotton, silk, satin, muslin, etc.
Game Changers Texfab IPO Objectives
The objectives of the Game Changers Texfab IPO are discussed here.
| Fund Utilisation | Amount (in ₹ Lakhs) |
| Capital expense funding | 1,500.00 |
| Total working capital needs | 2,550.00 |
| General corporate requirements, along with funding unidentified inorganic acquisition | Undisclosed |
Strengths Of Game Changers Texfab IPO
- Deemed Manufacturing: Currently, the company has six deemed manufacturing units that provide an asset-light approach, allowing a lower capital investment and increasing flexibility and scalability.
- International Partnerships: The company has established strategic relationships with two international suppliers, aiding in meeting increased market demand.
- Technology Driven: The company utilises technology to facilitate visual fabric search, virtual try-on, and much more.
- Experienced Designers: The designers engaged with the business create exclusive designs, backed by over five years of extensive experience.
Risk of Game Changers Texfab IPO
- Customer Concentration: As at 31 March 2024, the top 10 clients contributed 78.81% of income. An adverse turn of business with such clients can have an impact on profitability and operations.
- Dependence on Suppliers: The top 10 suppliers contributed 60.84% of purchases as at 31 March 2024. Any adverse change in business dynamics with such key suppliers can cause a significant impact.
- Long-Term Agreements: The company operates based on purchase orders. The company relies on continuous order flow because there is no long-term agreements.
- Efficiency of Deemed Manufacturing Units: Any slowdown of operations in the deemed manufacturing units, operating in locations like Bihar, Delhi, Maharashtra and Uttar Pradesh, might cause an impact.
Bottomline
The Game Changers Texfab IPO provides an opportunity for investors to participate in one of the oldest and fastest-growing industries in India, the textile and fabric industry. The company has certain key strengths and risks, which require an optimal analysis, along with exploring the Game Changers Texfab IPO GMP to understand the investability of the IPO.
Opening on 28 October 2025, this ₹54.84 Crore issue only aims to raise fresh capital. The price range is between ₹96 and ₹102. Exploring the IPO analysis before the closing date of 30 October 2025 is crucial.
Other Recent IPO List
Check out some other key IPOs that are creating a buzz.
| Groww IPO | Shipwaves Online IPO |
| Midwest IPO | SK Minerals IPO |
| Sihora Industries IPO | Anantam Highways Trust IPO |
| Canara HSBC Life IPO | Canara Robeco IPO |
Game Changers Texfab IPO FAQs
Game Changers Texfab is involved in the sourcing of fabric and deemed manufacturing. The IPO comprises of fresh issue worth ₹ 54.84 Crore. The IPO is set to open and close on 28 October and 30 October 2025, respectively.
Investors can easily utilise Zerodha to apply for the Game Changers Texfab IPO, using a few steps. First, log in to the Zerodha website or app, go to ‘bids’, select ‘Game Changers Texfab IPO’, and click on ‘apply’. Next, pick the number of lots to apply, submit the form, and make a payment.
The Game Changers Texfab IPO is set to open and close on 28 October 2025 and 30 October 2025, respectively.
The lot size of the Game Changers Texfab IPO is 1200 shares. The price range is between ₹96 and ₹102 per share.
Getting a demat account is the first step to an IPO investment. Therefore, to invest in the Game Changers Texfab IPO, investors must first open a demat account with a reliable broker, like Zerodha. Once a demat account is made, specify the bid details and make a payment to invest.
The Game Changers Texfab IPO closes on 30 October 2025. Post the IPO close, the tentative allotment date is 31 October 2025.
The tentative listing date of the Game Changers Texfab IPO is 4 November 2025. The UPI mandate closes at 5 PM on 30 October 2025.
